The table below looks at the prevalence of the term Credit Derivative in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited Credit Derivative over the 3 months to 5 December 2016 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
5 Dec 2016
Same period 2015 Same period 2014
Credit Derivatives
Rank 580 588 533
Rank change year-on-year
+8 -55
Contract jobs citing Credit Derivative 34 27 73
As % of all contract IT jobs located in England 0.073% 0.054% 0.14%
As % of the Miscellaneous category 0.22% 0.16% 0.43%
Number of daily rates quoted 26 19 58
Median daily rate £625 £588 £550
Median daily rate % change year-on-year
+6.38% +6.81%
90% offered a daily rate of more than £575 £475 £450
10% offered a daily rate of more than £663 £700 £625
UK excluding London median daily rate - £525 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
Credit Derivative
UK

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the England region.

Miscellaneous Category
England
Contract IT job ads with a match in the
Miscellaneous category
15130 16749 16870
As % of all contract IT jobs located in England 32.60% 33.46% 32.21%
Number of daily rates quoted 9835 10681 10852
Median daily rate £450 £425 £415
Median daily rate % change year-on-year
+5.88% +2.40%
90% offered a daily rate of more than £250 £250 £240
10% offered a daily rate of more than £638 £625 £600
UK excluding London median daily rate £380 £385 £363
% change year-on-year
-1.29% +6.20%
Number of hourly rates quoted 537 718 709
Median hourly rate £19.00 £20.00 £17.00
Median hourly rate % change year-on-year
-5.00% +17.64%
90% offered a hourly rate of more than £12.00 £12.00 £11.00
10% offered a hourly rate of more than £45.00 £45.00 £42.50
UK excluding London median hourly rate £18.75 £20.00 £16.75
% change year-on-year
-6.25% +19.40%

Credit Derivative
Jobs Demand Trend in England

The demand trend of contract jobs across the England region citing Credit Derivative as a proportion of all IT contracts with a match in the Miscellaneous category.

Credit Derivative Jobs Demand Trend in England

Credit Derivative
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Credit Derivative across the England region.

Credit Derivative Daily Rate Trend in England

Credit Derivative
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing Credit Derivative across the England region over the 3 months to 5 December 2016.

Credit Derivative Daily Rate Histogram in England

Credit Derivative
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Credit Derivative across the England region.

Credit Derivative Hourly Rate Trend in England

Credit Derivative
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Credit Derivative within the England region over the 3 months to 5 December 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +4 34 £625 +6.38% 3
Credit Derivative
UK

Credit Derivative
Top 30 Related IT Skills in England

For the 6 months to 5 December 2016, IT contractor jobs citing Credit Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for Credit Derivative.

1 52 (92.86%) Derivative
2 33 (58.93%) Fixed Income
3 32 (57.14%) Finance
3 32 (57.14%) Front Office
4 22 (39.29%) Foreign Exchange (FX)
5 17 (30.36%) C#
6 15 (26.79%) SQL
6 15 (26.79%) Banking
7 14 (25.00%) Java
8 12 (21.43%) Risk Management
9 11 (19.64%) Oracle
10 10 (17.86%) Monte Carlo Method
11 9 (16.07%) Multithreading
11 9 (16.07%) Electronic Trading
12 8 (14.29%) Equities
12 8 (14.29%) C++
12 8 (14.29%) OO
13 7 (12.50%) Linux
13 7 (12.50%) Investment Banking
13 7 (12.50%) Analytics
13 7 (12.50%) Market Risk
14 6 (10.71%) LaTeX
14 6 (10.71%) Quantitative Finance
14 6 (10.71%) Business Analysis
14 6 (10.71%) Statistics
14 6 (10.71%) FIX Protocol
14 6 (10.71%) QA
14 6 (10.71%) RMDS
14 6 (10.71%) PhD
14 6 (10.71%) Murex

Credit Derivative
Top Related IT Skills in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 4 (7.14%) Oracle Coherence
Applications
1 6 (10.71%) LaTeX
2 3 (5.36%) Doxygen
3 2 (3.57%) Spreadsheet
4 1 (1.79%) MS Excel
Business Applications
1 6 (10.71%) RMDS
2 4 (7.14%) Summit
3 2 (3.57%) Global One
3 2 (3.57%) Minerva
3 2 (3.57%) Sentinel
3 2 (3.57%) Tesseract
4 1 (1.79%) Bloomberg TOMS
4 1 (1.79%) ION MarketView
Cloud Services
1 1 (1.79%) Cloud Computing
Database & Business Intelligence
1 4 (7.14%) Hadoop
2 3 (5.36%) SQL Server
3 1 (1.79%) Big Data
3 1 (1.79%) Data Warehouse
Development Applications
1 5 (8.93%) JUnit
2 2 (3.57%) Git (software)
3 1 (1.79%) Eclipse
3 1 (1.79%) IntelliJ
3 1 (1.79%) Subversion
General
1 32 (57.14%) Finance
1 32 (57.14%) Front Office
2 15 (26.79%) Banking
3 7 (12.50%) Investment Banking
4 2 (3.57%) Back Office
4 2 (3.57%) Financial Institution
5 1 (1.79%) Corporate Banking
5 1 (1.79%) Retail
5 1 (1.79%) Spanish Language
Job Titles
1 31 (55.36%) Analyst
2 21 (37.50%) Developer
3 18 (32.14%) Business Analyst
4 11 (19.64%) Java Developer
5 9 (16.07%) Qualitative Analyst
5 9 (16.07%) Quantitative Analyst
6 8 (14.29%) Senior Developer
7 7 (12.50%) C# Developer
7 7 (12.50%) Risk Analyst
8 6 (10.71%) Credit Analyst
8 6 (10.71%) Market Risk Analyst
8 6 (10.71%) Market Risk Business Analyst
8 6 (10.71%) Risk Business Analyst
9 5 (8.93%) Electronic Trading Developer
9 5 (8.93%) Electronic Trading Java Developer
9 5 (8.93%) Front Office Business Analyst
9 5 (8.93%) Murex Analyst
9 5 (8.93%) Murex Business Analyst
9 5 (8.93%) Senior Java Developer
10 4 (7.14%) MiFID Business Analyst
Libraries, Frameworks & Software Standards
1 6 (10.71%) FIX Protocol
1 6 (10.71%) Rendezvous
2 3 (5.36%) .NET
3 2 (3.57%) HTML
3 2 (3.57%) HTML5
3 2 (3.57%) XML
4 1 (1.79%) CORBA
4 1 (1.79%) Hibernate
4 1 (1.79%) Murex MxML
4 1 (1.79%) Spring
4 1 (1.79%) STL
4 1 (1.79%) WinForms
4 1 (1.79%) WPF
Miscellaneous
1 52 (92.86%) Derivative
2 33 (58.93%) Fixed Income
3 22 (39.29%) Foreign Exchange (FX)
4 8 (14.29%) Equities
5 7 (12.50%) Market Risk
6 6 (10.71%) Statistics
7 5 (8.93%) Analytical Skills
7 5 (8.93%) Computer Science
8 4 (7.14%) Equity Derivative
8 4 (7.14%) Grid Computing
8 4 (7.14%) Interest Rate Derivative
9 3 (5.36%) Data Structures
9 3 (5.36%) Fintech
9 3 (5.36%) OTC Derivatives
10 2 (3.57%) Credit Risk
10 2 (3.57%) Management Information System
10 2 (3.57%) Mathematics
10 2 (3.57%) Wiki
11 1 (1.79%) Algorithms
Operating Systems
1 7 (12.50%) Linux
2 5 (8.93%) Unix
3 2 (3.57%) Windows
4 1 (1.79%) Solaris
Processes & Methodologies
1 12 (21.43%) Risk Management
2 10 (17.86%) Monte Carlo Method
3 9 (16.07%) Electronic Trading
3 9 (16.07%) Multithreading
4 8 (14.29%) OO
5 7 (12.50%) Analytics
6 6 (10.71%) Business Analysis
6 6 (10.71%) Migration
6 6 (10.71%) Quantitative Finance
7 5 (8.93%) Agile Software Development
8 4 (7.14%) Change Management
8 4 (7.14%) Stakeholder Management
9 3 (5.36%) Greeks
9 3 (5.36%) Low Latency
9 3 (5.36%) Project Management
9 3 (5.36%) Stakeholder Engagement
10 2 (3.57%) Garbage Collection
10 2 (3.57%) SDLC
10 2 (3.57%) User Stories
10 2 (3.57%) Waterfall
Programming Languages
1 17 (30.36%) C#
2 15 (26.79%) SQL
3 14 (25.00%) Java
4 8 (14.29%) C++
5 5 (8.93%) Python
6 3 (5.36%) R
7 2 (3.57%) JavaScript
7 2 (3.57%) Perl
7 2 (3.57%) PL/SQL
7 2 (3.57%) Scala
8 1 (1.79%) VBA
8 1 (1.79%) VBScript
Qualifications
1 6 (10.71%) PhD
2 2 (3.57%) Degree
Quality Assurance & Compliance
1 6 (10.71%) QA
2 4 (7.14%) MiFID
System Software
1 1 (1.79%) Tivoli Workload Scheduler
Systems Management
1 1 (1.79%) HP Quality Center
1 1 (1.79%) Tivoli
Vendors
1 11 (19.64%) Oracle
2 6 (10.71%) Murex
2 6 (10.71%) Reuters
2 6 (10.71%) TIBCO
3 4 (7.14%) ION Trading
4 3 (5.36%) Fidessa
5 1 (1.79%) Bloomberg
5 1 (1.79%) Calypso
5 1 (1.79%) DevExpress
5 1 (1.79%) HP
5 1 (1.79%) Microsoft
5 1 (1.79%) Perforce
5 1 (1.79%) Sun
5 1 (1.79%) Syncfusion